Kerman & Co advises Dinkum Products Limited on the sale of its business to Aimia Foods Limited
April 13, 2018
“Of all the professionals we dealt with during the process Kerman & Co were by far the best overall, but especially in terms of professionalism, communication, helpfulness…”
Kerman & Co has advised Dinkum Products Limited on the sale of its business and assets to Aimia Foods Limited, a subsidiary of NYSE listed Cott Corporation.
Dinkum Products owned the well-known milkshake brand “Shmoo”, which has been a stalwart of the UK foodservice market since 1996. Shmoo is now the No. 1 milkshake package available to caterers in the UK. It’s understood that following the acquisition, Aimia Foods will utilise their extensive experience across the foodservice sector to lead the brand forward in the UK and abroad.
Commenting on the acquisition Ken Richards, Director of Dinkum Products said “Of all the professionals we dealt with during the process Kerman & Co were by far the best overall, but especially in terms of professionalism, communication, helpfulness and ensuring the process was easily understood, which was very important as we had never been through such an important and arduous process as this before.”
Martin O’Donoghue, Partner at Kerman & Co, commented “We were delighted to work with Ken and Andy on this venture. The sale represents the culmination of many years of hard work for them and we were pleased to have been able to help them secure a successful exit. We wish them the very best with their future plans”.
The Kerman & Co team was led by corporate Partner, Martin O’Donoghue and comprised Claudia Otto (Real Estate), Jonathan Bruck (Employment) and Coral Yu (Corporate).